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Dec 31, 2012
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it looks like apple's mini ipad is a big hit in china. apple's stores both on the mainland and in hong kong are reportedly either out of stock or have tight supplies. apple climbed nearly 4.5% to close at $532. some big changes over the weekend at zynga. the online game maker slashed 11 games from its library as part of its cost-cutting plans. shares of zynga were up just $0.03 to a little more than $2, well below their $10 i.p.o. price from last december. cal-maine foods slipped nearly 10% after the egg producer reported a drop in prices and higher feed costs. shares were down more than $4 to $40. oliffs natural resourd tkeac n some decent gains on the back of some positive manufacturing data from china. cliff's tacked on nearly $3 , or 8.5%. and in the commodities corner, oil and gold both posted some gains on exnsctaatiof o f scal cliff deal in washington. oil climbed a little more than a dollar to $91 o0, il but p pces still logged their first annual loss in four years. , fo1220crude-oil prices fell more than 7%12 gold climbed nearly
it looks like apple's mini ipad is a big hit in china. apple's stores both on the mainland and in hong kong are reportedly either out of stock or have tight supplies. apple climbed nearly 4.5% to close at $532. some big changes over the weekend at zynga. the online game maker slashed 11 games from its library as part of its cost-cutting plans. shares of zynga were up just $0.03 to a little more than $2, well below their $10 i.p.o. price from last december. cal-maine foods slipped nearly 10%...
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Dec 31, 2012
12/12
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KQED
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>> china i think is very important thing to mentionment because in the last two years china has become the second largest economy in the world, not the third. and one thing interesting, we sent three astronauts into outer space, docked with another module that is what a country does when it really wants to be a big superpower in the future. so 50 years from now it's not impossible that china could be at least an equal or the dominant superpower in the world, if it is either of those things americans will wonder what happened. because the idea of our being number one is so woven into our conception of ourselves. >> let's not forget this is only the second time in their long island history that the people of great britain celebrated the diamond jubilee of a monarch. this is the year the pope tweeted for the first time. >> woodruff: surely something that will go down in history. >> in some way was didn't happen, at the end of the year, standard & poor's upgraded greeces bond rating, europe found a way to muddle through. and the world didn't end on december 21st. >> woodruff: compactedly.
>> china i think is very important thing to mentionment because in the last two years china has become the second largest economy in the world, not the third. and one thing interesting, we sent three astronauts into outer space, docked with another module that is what a country does when it really wants to be a big superpower in the future. so 50 years from now it's not impossible that china could be at least an equal or the dominant superpower in the world, if it is either of those...
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opposed the obama administration's eva asia pivot were the military surge of throughout asia to contain china all of these things and he's he's been hit with a lot of criticism but it's interesting to know that a guy like that could possibly sit in the seat that was previously occupied by panetta and rumsfeld so there is some change in the obama straight and has even though it isn't it intervened unfortunately in places like syria to a limited degree and has heart imposed harsh sanctions on iran i think a lot of the bush crew might have already intervened and so you know as much of a warmonger as obama is there is in a a a fortunate slight change in foreign policy from the bush years well what do you think what's the setting in america to tell my foreign audience how americans are ending the year you know is a good mood i mean we have the newtown shooting which is really heart wrenching his america changed in this year. you know what not a lot of changed the republican party opposing obama at every juncture and not negotiating with them right now the fiscal cliff is coming and we're all going
opposed the obama administration's eva asia pivot were the military surge of throughout asia to contain china all of these things and he's he's been hit with a lot of criticism but it's interesting to know that a guy like that could possibly sit in the seat that was previously occupied by panetta and rumsfeld so there is some change in the obama straight and has even though it isn't it intervened unfortunately in places like syria to a limited degree and has heart imposed harsh sanctions on...
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Dec 31, 2012
12/12
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CNBC
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china is the second-largest economy in the world. and definitely not a fiscal cliff there. but today's activity i thought was amazing when you consider there's still so much left undone and as john just said, everything he said was tax, tax, tax. >> amazing like a head scratcher? >> yeah. i get the fact we had five straight down days and we were oversold. i don't think you get a solution that rallies this market 2% tomorrow, even if it's everything everybody wanted to hear. >> right, the fact of the matter is, they may agree on taxes but taxes across the board pretty much are going higher and there's still the debt limit issue and then the spending cuts issue. >> that's the thing. you nailed it. the debt ceiling conversation is going to be a weapon of force and it's something that's going to be hanging over this market. i heard nothing about entitlements. a house that wasn't even going to vote for boehner's plan b, which was $1 million in terms of the tax increases. i'm a little skeptical and i'm more worried about what happens from here. >> i think tim hit it right on the
china is the second-largest economy in the world. and definitely not a fiscal cliff there. but today's activity i thought was amazing when you consider there's still so much left undone and as john just said, everything he said was tax, tax, tax. >> amazing like a head scratcher? >> yeah. i get the fact we had five straight down days and we were oversold. i don't think you get a solution that rallies this market 2% tomorrow, even if it's everything everybody wanted to hear. >>...
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Dec 31, 2012
12/12
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CSPAN2
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we want to continue to keep avenues of adoption open for children from russia, from china, from romania, etc. people may be wondering, senator, you're so bold about speaking about this, do children from america, are children from america adopted overseas? the answer is yes. not many, but under the international treaties of the rights of the child to a family, we need to be open to have american children if they can't find an adoptive home here, to be able to go to other countries. but the most important thing is to know that americans step up every day to adopt american children, both infants, teenagers, and even i've known of adoptions of children that were 22 and 23 years old. when are you ever too old to need a mother and a father? but what the action that the russian duma has taken is -- it's a travesty and it's incomprehensible that any government could would take their anger out on another another country against the children of their own country. we hope they will reconsider. we hope the people of russia will rise up and tell their government absolutely not, take your anger out i
we want to continue to keep avenues of adoption open for children from russia, from china, from romania, etc. people may be wondering, senator, you're so bold about speaking about this, do children from america, are children from america adopted overseas? the answer is yes. not many, but under the international treaties of the rights of the child to a family, we need to be open to have american children if they can't find an adoptive home here, to be able to go to other countries. but the most...
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Dec 31, 2012
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play, on china stabilizing and growing. >> yes, and that's starbucks. starbucks a great american company. everybody needs a good cup of coffee. in china there is only one starbucks for every 1.9 inhabitants, can you believe that when we have one basically on every corner? [laughter] so there's tremendous opportunity there. you've got the tea growers in china, a lot of them are now switching to coffee because of starbucks, so that's a double play for you. liz: wait until they find out what a frappucino tastes like. >> oh, look out, china. liz: two pharma companies, what do you think are the big names here because we're all getting older, and we all need new medicine. >> we're going to be buying a lot of pfizer especially and bristol-myers. those are the two picks we have. pfizer is around 24, $25 a share, bristol-myers about 31. and they have in common a new blood-clotting drug, and everyone's very, very excited about that. bristol-myers developed it, and pfizer will be marketing it. so we hi there's huge opportunity -- we think there's huge opportunity
play, on china stabilizing and growing. >> yes, and that's starbucks. starbucks a great american company. everybody needs a good cup of coffee. in china there is only one starbucks for every 1.9 inhabitants, can you believe that when we have one basically on every corner? [laughter] so there's tremendous opportunity there. you've got the tea growers in china, a lot of them are now switching to coffee because of starbucks, so that's a double play for you. liz: wait until they find out what...
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mercenaries in syria and the fact that russia and china and iran stood firm on. the entire time table that nato had in mind to run this stabilization. and now the entire arab spring scenario is. it's not disintegrate it's becoming a nightmare one that spread to western allies in the region like bahrain for mass protest arrest and even death haven't provoked much global media coverage or any push for democracy. instead provocations like the film the innocence of a muslim made headlines and incited outrage across the arab world funded in the u.s. and considered highly offensive to islam the movie didn't go over well in states now run by islamist after post revolution polls in egypt and tunisia. u.s. embassies were left in shambles as flags burned and freedom of speech was back on the debate or tonight the film was banned in some countries like russia and defended by others like the states as a protected life of expression a right not awarded to whistleblowers like julian a song who had a busy year and here he was granted political asylum by ecuador after being rele
mercenaries in syria and the fact that russia and china and iran stood firm on. the entire time table that nato had in mind to run this stabilization. and now the entire arab spring scenario is. it's not disintegrate it's becoming a nightmare one that spread to western allies in the region like bahrain for mass protest arrest and even death haven't provoked much global media coverage or any push for democracy. instead provocations like the film the innocence of a muslim made headlines and...
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Dec 31, 2012
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on china. we're talking already about the chinese economic slowdown, and i think this is a major moment for -- a major moment for development thinking. the idea of the authoritarian growth miracle that china has done so much to promote is really over at this point. let me give you a couple insights as to why it might be over. the first is that authoritarian groschen miracles don't last. hall asked a question of you. how many of you have heard about the togalese growth miracle? raise your hand if you have heard of that? i thought we would have more in the audience. the reason you have not heard of it is that it only allows from 1960 until 1975, when things did not go that well. the point of the example is that they don't last. they go on for a while and systems are prone to booma nd bust. -- boom and bust. we keep thinking the chinese one is going to last forever. this is going to last forever. it is going to slow down a lot more. why does that give us insight into the grove miracle? let me take
on china. we're talking already about the chinese economic slowdown, and i think this is a major moment for -- a major moment for development thinking. the idea of the authoritarian growth miracle that china has done so much to promote is really over at this point. let me give you a couple insights as to why it might be over. the first is that authoritarian groschen miracles don't last. hall asked a question of you. how many of you have heard about the togalese growth miracle? raise your hand...
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Dec 31, 2012
12/12
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then china cooperating as well. >> i think lots of plus there is. we would agree that certainly housing is moving upward as mohammad mentioned this morning. energy costs in terms of natural gas are down. china is reinstituting fiscal stimulation and japan is on the move in terms of easier money. all that is a positive, but we have come to expect in the asset markets a 10%-plus type of return for taking equity risk. and really if the real economy only grows at 2% to 3%, it is a case of spending straw into gold and how long that will continue. a 5% return from stocks, 2% to 3% from bonds is something we should expect going forward even with the pluses that you mentioned. >> what about your outlook for gold? your outlook is that gold is going to move higher in 2013, and i would assume that's because you know the fed will be in the house. >> we think gold will move higher as will commodities. it is hard to say exactly how much. gold to my way of thinking is a function of real interest rates to the extend real interest rates continue low and even come lo
then china cooperating as well. >> i think lots of plus there is. we would agree that certainly housing is moving upward as mohammad mentioned this morning. energy costs in terms of natural gas are down. china is reinstituting fiscal stimulation and japan is on the move in terms of easier money. all that is a positive, but we have come to expect in the asset markets a 10%-plus type of return for taking equity risk. and really if the real economy only grows at 2% to 3%, it is a case of...
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Dec 31, 2012
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you will feel the ripples go across the pacific to asia and japan and china and to all those countries and across the atlantic to europe. i was talking a few moments ago to ali rand. he's the vice president for the urpian commission and he's the economics commissioner for the yourian union. the chief if you like of economics. he said we're concerned about the u.s. going over the cliff. it's time for a partial deal, and we support the efforts of u.s. policymakers. he said it would have a negative impact, and he said if there's no deal before the year's end. europeans tonight are -- not that it makes much difference. are calling very firmly on all the parties in washington to get a deal done. >> so, richard, i don't know if washington is listening to anybody outside of washington yet, but we'll see how the day goes. there's a lot of blame directed to the united states, but you know, you look at the euro zone, and it had its own issues. it took them quite a bit of time before they could actually get their own deal, their bailout deals done. is there a backlash, do you suppose? is there a
you will feel the ripples go across the pacific to asia and japan and china and to all those countries and across the atlantic to europe. i was talking a few moments ago to ali rand. he's the vice president for the urpian commission and he's the economics commissioner for the yourian union. the chief if you like of economics. he said we're concerned about the u.s. going over the cliff. it's time for a partial deal, and we support the efforts of u.s. policymakers. he said it would have a...
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Dec 31, 2012
12/12
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FOXNEWSW
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part of annual tradition in north even china. hundreds of people gather to honor the country's national swimming day and. they don't have a problem with the cold water but the air temperature, 18 below zero. that could be a little nippy. uma: indeed a refreshing little dip there. jon: that i would not do. uma: that you would not do. jon: not in 18 below. uma: no way. defiant new move out of the iran, test firing missiles near one of the most important passageway for the world's oil supply. what this could mean next. >>> plus a shell oil drill ship stranded at sea. how it happened and what the coast guard is doing to get it safely back to port. uma: we are following some disturbing developments out of iran. the country's navy is reportedly test firing a range of weapons including torpedoes and missiles near the strategic strait of hormuz, a vital passageway for 1/5 of the world's oil supplies. joining us to the discuss the possible ramifications, aaron david miller, a former advisor to six secretaries of state and vice president o
part of annual tradition in north even china. hundreds of people gather to honor the country's national swimming day and. they don't have a problem with the cold water but the air temperature, 18 below zero. that could be a little nippy. uma: indeed a refreshing little dip there. jon: that i would not do. uma: that you would not do. jon: not in 18 below. uma: no way. defiant new move out of the iran, test firing missiles near one of the most important passageway for the world's oil supply. what...
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Dec 31, 2012
12/12
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KRON
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here is at the be right now from beijing china, it just turned midnight there. they are ringing in the new year halfway around the world. we will continue bringing the year's celebrations throughout the morning as the kron4 morning news continues. i live look and we are watching conditions around the bay. lots of sunshine on this chilly morning and about 10 minutes from now we will hear from michael yacht key and the upcoming fiscal cliff. -- michael yaqui sleep train thanks all those who helped make a difference last year for thousands of california foster kids. thank you for helping foster kids. thank you for the school supplies. thank you for the new shoes. thank you, secret santa. and thank you for donating money. your generosity proves that while not everyone can be a foster parent, anyone can help a foster child. - thank you. - thank you. gracias por su ayuda. thank you. [ male announcer ] it's no secret that the price of things just keeps going up. [ female announcer ] but we have some good news. it's our bundle price promise. [ male announcer ] a price y
here is at the be right now from beijing china, it just turned midnight there. they are ringing in the new year halfway around the world. we will continue bringing the year's celebrations throughout the morning as the kron4 morning news continues. i live look and we are watching conditions around the bay. lots of sunshine on this chilly morning and about 10 minutes from now we will hear from michael yacht key and the upcoming fiscal cliff. -- michael yaqui sleep train thanks all those who...
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Dec 31, 2012
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of how we stand up our defenses in the united states to protect our country from nation states like china and russia and now iran who seek to do us harm by using the internet. we will again aggressively pursue next year, with the help of my ranking member, actions needed, i believe, to protect the united states against what is the largest threat we face that we are not prepared to handle and that is the growing threat of cyberattack and cyberespionage. countering the profe live ration of weapons of mass destruction -- proliferation of weapons of mass destruction is an important part of our national security and we made sure that weapons and tests, research and development of new technology to maintain our intelligence agencies' technologically edge, and like the house-passed bill, this bill operates efficiencies in a number of areas, including information technology. satellite data and the procurement and operation of intelligence, surveillance and reconnaissance platforms. the bill holds personnel levels, one of the first and largest biggest cost drivers, generally at last year's levels.
of how we stand up our defenses in the united states to protect our country from nation states like china and russia and now iran who seek to do us harm by using the internet. we will again aggressively pursue next year, with the help of my ranking member, actions needed, i believe, to protect the united states against what is the largest threat we face that we are not prepared to handle and that is the growing threat of cyberattack and cyberespionage. countering the profe live ration of...
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Dec 31, 2012
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is really also about china and russia on the one hand, and the united states and europe on the other. so we have three levels of stalemate. local, regional and international, simply because there's so much at stake. so a country like syria, or a regime like syria for the past 40 years have had these calculations in mind. so this is not to excuse the regime whatsoever. this is to understand, the outcomes of what we have been witnessing for the past several decades involve these kind of calculations that many of us don't take into account. >> and we've been talking with bassam haddad, "business networks in shyria: the political economy of authoritarian resilience" is the name of this book. it's published by stanford. professor haddad is also head of the middle eastern studies program here at george mason university. this is a booktv on c-span2. >> tell us what you think about our program this weekend. you can tweet us at booktv, comment on our facebook wall, or send us an e-mail. tv, nonfiction books every weekend on c-span2. >> with just days left in this month and this year, many publ
is really also about china and russia on the one hand, and the united states and europe on the other. so we have three levels of stalemate. local, regional and international, simply because there's so much at stake. so a country like syria, or a regime like syria for the past 40 years have had these calculations in mind. so this is not to excuse the regime whatsoever. this is to understand, the outcomes of what we have been witnessing for the past several decades involve these kind of...
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Dec 31, 2012
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china pmi rising to 51.5. and that is a result of manufacturing in china in a year and a half. the shanghai index ended the day about 1.6% higher, highest close since june 20th. it has been a nice run that we've seen also in china to our point before. it's been up 16% since its four-year low in december. >> for the year the index is up 3% right now. for those who missed it, this will be the first annual gain in, i believe, three years' time. this has not been a positive stock market, despite the economy growing 7%, 8%, 9% or so. as the chinese president said this morning, there will be policies put in place to support growth. and whatever nervousness in the transition is going to fade and policymakers can get more involved. >> we've seen this play out in the metal stakes. the best fourth quarter in two years, up 56%. iron ore prices. that's a real lead on demand. and especially as the chinese government makes all these nods toward urbanization plans and the need to update and invest in infrastructure. these are the areas where you want to be. >> yeah. also ties into what clearl
china pmi rising to 51.5. and that is a result of manufacturing in china in a year and a half. the shanghai index ended the day about 1.6% higher, highest close since june 20th. it has been a nice run that we've seen also in china to our point before. it's been up 16% since its four-year low in december. >> for the year the index is up 3% right now. for those who missed it, this will be the first annual gain in, i believe, three years' time. this has not been a positive stock market,...
WHUT (Howard University Television)
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Dec 31, 2012
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and the big question then becomes what is china's intention? (instrumental music) >> in a national call to arms defense secretary leon panetta warned the threat of a significant cyber attack against america is already here. >> the collective result of these kinds of attacks could be a cyber pearl harbor. >> what are the threats american's face in this century? with the attacks of september 11th, the u.s. has had to completely rethink how it defends its citizens. the enemy no longer a national armies but rather determined individuals. >> there are not going to be a lot of countries that are gonna be stupid enough to put tank armies out in the desert against us anymore to allow us to annihilate them. what the lessons of history of the last twenty years or so certainly teach us is that if you're fight us, you can have greater success by using terrorist tactics, by employing suicide bombers, i.e.d.'s, those kinds of attacks. >> that was probably the biggest impact on national security. we have non-nation state actors that can cause harm to the unit
and the big question then becomes what is china's intention? (instrumental music) >> in a national call to arms defense secretary leon panetta warned the threat of a significant cyber attack against america is already here. >> the collective result of these kinds of attacks could be a cyber pearl harbor. >> what are the threats american's face in this century? with the attacks of september 11th, the u.s. has had to completely rethink how it defends its citizens. the enemy no...
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well, strong manufacturing growth in china fueled most markets there. the shanghai composite gained more than 1 1/2 hong kong's hang seng lost a fraction and tokyo's nikkei was closed for the holiday. >>> today is the last trading day of the year on wall street. on friday, the markets closed lower as investors keep a close eye on the "fiscal cliff" negotiations. the dow plunged 158 points falling below the 13,000 mark while the nasdaq dropped 25 points. >>> ford motors had another banner year. the automaker says they sold 2.2 million vehicles here in the u.s. in 2012. that's up from 2.1 million last year. the ford focus is their most popular model. this is the second year in a row ford has topped 2 million in sales. the only u.s. company to do that. >>> and there may not be many happy returns this year especially if you don't have your receipt. the national retail federation says $63 billion worth of presents will be taken back to the stores. that is a lot of unhappy people. receipts could be critical in making a return because many stores are tightenin
well, strong manufacturing growth in china fueled most markets there. the shanghai composite gained more than 1 1/2 hong kong's hang seng lost a fraction and tokyo's nikkei was closed for the holiday. >>> today is the last trading day of the year on wall street. on friday, the markets closed lower as investors keep a close eye on the "fiscal cliff" negotiations. the dow plunged 158 points falling below the 13,000 mark while the nasdaq dropped 25 points. >>> ford...
WHUT (Howard University Television)
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Dec 31, 2012
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. >> excellent news out of china. pmi is an index or the ask people how confident you are feeling, indicating the fourth quarter of the year, china has seen a very marked pickup in economic growth. that is extremely good news because china had been having a pretty sluggish time of things over the course of the first half of 2012. this is leading the optimism that 2013 could break away from the economic doldrums. nonetheless [indiscernible] >> there you go. thank you very much. u.s. secretary of state hillary clinton is receiving treatment at a hospital in new york for a blood clot. she suffered a concussion earlier this month after fainting and falling down. the blood clot was discovered during a follow-up medical examination rea. >> hillary clinton earlier this month. it is believed it was while on her trip to europe that the u.s. secretary of state contracted a stomach virus that left her severely dehydrated. on her return home, she collapsed and severed a concussion. during a follow-up examination, doctors have dis
. >> excellent news out of china. pmi is an index or the ask people how confident you are feeling, indicating the fourth quarter of the year, china has seen a very marked pickup in economic growth. that is extremely good news because china had been having a pretty sluggish time of things over the course of the first half of 2012. this is leading the optimism that 2013 could break away from the economic doldrums. nonetheless [indiscernible] >> there you go. thank you very much. u.s....
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Dec 31, 2012
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KRON
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heard three people and killed a 56 year-old yuee yao who was here visiting her new grandchild from china. the judge set her bell at $2 million. if you post it she must wear a scramble device that checks to make sure that she is not drinking alcohol and is not allowed to dry. >> officials continue to investigate 2 alarm fire at a san jose apartment complex that killed three people and injured three others. the fire broke out late saturday night in the 3000 block of bridgeport court. authorities say that three people were killed they were a couple and their 4 year old granddaughter. a san jose police officer who helped with the rescue efforts was one of the three people that transported to area hospitals after he suffered from smoke. >> michael crabtree caught touchdown passes of 49 and 7 yds and finished with a career high of 172 yds, leading the san francisco 49ers to its second straight nfc west title with a 27 to 13 victory over the arizona cardinals on sunday. colin cabinet overcame a slow start to throw a career best 276 yds and two touchdowns as the niners did their part to control
heard three people and killed a 56 year-old yuee yao who was here visiting her new grandchild from china. the judge set her bell at $2 million. if you post it she must wear a scramble device that checks to make sure that she is not drinking alcohol and is not allowed to dry. >> officials continue to investigate 2 alarm fire at a san jose apartment complex that killed three people and injured three others. the fire broke out late saturday night in the 3000 block of bridgeport court....
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Dec 31, 2012
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healthier than europe by a long shot, and we're seeing slowing in a lot of other major economies, including china, india, brazil. is there some sense that, just like the u.s. set off all of this nonsense back in 2008, a u.s. retrenchment, as you call it, a slowdown in growth caused by the fiscal cliff, could boomerang around the world and actually push the united states further back? >> there's no question. a self-defeating, downward spiral would begin if the worst effects of the fiscal cliff come into effect, and they're not reversed. and you don't even have to wait for the full magnitude which would, as you rightly know, ali, it's not a cliff, it's a slope. it's an ever-increasing slope over several months. you don't even have to wait long. you've only got to see what would happen when the social security withholdings start increasing, the withholding tax starts to move up. then you see that boomeranging effect we talked about. >> you and i have made fun of a lot of the europeans who have not been able to get their act together. when you look at the united states, who's messing it up more? >> i
healthier than europe by a long shot, and we're seeing slowing in a lot of other major economies, including china, india, brazil. is there some sense that, just like the u.s. set off all of this nonsense back in 2008, a u.s. retrenchment, as you call it, a slowdown in growth caused by the fiscal cliff, could boomerang around the world and actually push the united states further back? >> there's no question. a self-defeating, downward spiral would begin if the worst effects of the fiscal...
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fascinating to see china hit a few weeks post leadership changes, first time this year the markets had more than 10% rally there. and the signs of europe's issues being if not resolved, certainly more minimized in terms of stress. so i think we're going tothz a lot clearer signs of powerful rallies coming from the rest of the world in 2013 which will make it somewhat different than 2012 and to some extent the previous two years, as well. >> joe is down in washington wauchg all of this first hand and i know he has a question for you, as well, jim. >> feeling all the different things coming in. >> that must be a real challenge for you being down in d.c. how did you get that straw? >> yeah, it is. i can take it for about 24 hours. i am feeling a lot of what's happening. and in the last 2 1/2 years or so, the poisoned atmosphere down here just to try and do anything is becoming really apparent. we put the sequester because it was so hard to try and do anything last time to force us, now we're not really inclined to do it again. my question, even if we do get a deal, a lot of the extra tax
fascinating to see china hit a few weeks post leadership changes, first time this year the markets had more than 10% rally there. and the signs of europe's issues being if not resolved, certainly more minimized in terms of stress. so i think we're going tothz a lot clearer signs of powerful rallies coming from the rest of the world in 2013 which will make it somewhat different than 2012 and to some extent the previous two years, as well. >> joe is down in washington wauchg all of this...
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. >> china. >> china. >> china. >> china also getting more than a few mentions during the presidential campaign. it's pretty clear china is a competitor and a partner. >> number four, europe, the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. >>> number three, the housing market. finally, finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a building and buying spree. well-healed investors began buying entire neighborhoods, but first time buyers were also able to get a home of their own for the first time in years. as long as they had a hefty downpayment. >>> number two. >> cnn projects that barack obama will be re-elected president of the united states. >> the election. more than just about obama and romney. it was about socialism and capitalism. about spending and cutting. about what kind of role government should have in your life. >>> number one is the fiscal cliff. lawmakers saw it coming, but didn't bother to pay any attention to it until after the election. had they
. >> china. >> china. >> china. >> china also getting more than a few mentions during the presidential campaign. it's pretty clear china is a competitor and a partner. >> number four, europe, the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. >>> number three, the housing market. finally, finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a...
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china ends the year under the sign of growth. manufacturing activity hits its fastest pace in 18 months. but it's been a lackluster pace for markets which hosts a modest return for the year. germany, hong kong manage to outperform. so just where should investors put their money in the new year? we've been asking analysts and economist toes give us their top calls for 2013. >> do you think the u.s. is going to continue to be strong if they can solve the fiscal cliff issues, keep economic indicators up, what they're doing with the job is good, performance is good. asia will take a while, to the end of 2013. we'll see good entrepreneurial activity. that's going to depend on good performance in stocks. >> it will appreciate even with weaker economy or, you know, stagnated economy because there's not much growth to be accepted from all europe, you know, obviously call europe like germany will grow with the global economy here. but at the moment, because of the issues in japan and all the issues in the u.s., euro and particularly euro
china ends the year under the sign of growth. manufacturing activity hits its fastest pace in 18 months. but it's been a lackluster pace for markets which hosts a modest return for the year. germany, hong kong manage to outperform. so just where should investors put their money in the new year? we've been asking analysts and economist toes give us their top calls for 2013. >> do you think the u.s. is going to continue to be strong if they can solve the fiscal cliff issues, keep economic...
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Dec 31, 2012
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. >> china, china, china. >> china also getting more than a few mentions during the presidential campaign. it's pretty clear china is a competitor and a partner. >> number four, europe, the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally finally bottomed out, the combination of low home prices and continued record low mortgage rates set off a building and buying spree. well healed investors began buying entire neighborhoods, but first time buyers were also able to get a home of their own for the first time in years. as long as they had a hefty downpayment. >> number two. >> cnn projects that barack obama will be re-elected president of the united states. >> the election. more than just about obama and romney. it was about socialism and capitalism. about spending and cutting. about what kind of role government should have in your life. >> number one is the fiscal cliff. lawmakers saw it coming, but didn't bother to pay any attention to it, until after the election. had they put politics a
. >> china, china, china. >> china also getting more than a few mentions during the presidential campaign. it's pretty clear china is a competitor and a partner. >> number four, europe, the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally finally bottomed out, the combination of low home prices and continued record low mortgage rates set off a building and buying spree. well...
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tianimen square happens, he suspended relations, but behind the scenes does business as usual with china. he goes into panama, in december '89 -- never forgot that because i had -- born on the 4th of july was opening that day, and the american people loved it. they backed the invasion. it was our backyard, it was a war on drugs and that was new issue now. communist had been forgotten. noriega was the new stalin, and then a year later, we had this iraq 1, and that's another untold story. iraq 1 was really depressing when you go into all the false intelligence and the doctoring of the photos. do you want to tell us about that? it breaks my heart personally, and as a veteran of the vietnam war, i see the next ten years we drift. we don't take advantage of the possibles with the soviet union, to keep it stable. we privatize with russia and then by the time the bush 43 comes in, it's not only squandered but the nightmare begins. so it's heartbreaking. >> did you want to comment? >> we see it as a lost opportunity. there's a lot of lost opportunities in the 20th 20th century, in march 5, 1965,
tianimen square happens, he suspended relations, but behind the scenes does business as usual with china. he goes into panama, in december '89 -- never forgot that because i had -- born on the 4th of july was opening that day, and the american people loved it. they backed the invasion. it was our backyard, it was a war on drugs and that was new issue now. communist had been forgotten. noriega was the new stalin, and then a year later, we had this iraq 1, and that's another untold story. iraq 1...
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okay, you renounce the 35-hour week or we take your jobs and we send them to hungary, poland, if not china. >> so there should be huge political support then to change it. >> um, there is not a huge political support to change it. >> why not? >> because it's seen as a sort of entitlement now. >> people see it as their right. >> exactly. >> "i'm only gonna work 35 hours a week and that's it." >> exactly. >> no, no, no! >> so no french politician would even dare to suggest fundamental reform, like trimming that guaranteed five weeks of vacation. and american melchior ray has been won over. she's talked herself into the idea that the french way of working, rather, not working, translates into good economic sense. >> people came back, and it was like everyone had had ten shots of espresso. they were just ready to go. they were like ever ready bunnies. everyone was going tog
okay, you renounce the 35-hour week or we take your jobs and we send them to hungary, poland, if not china. >> so there should be huge political support then to change it. >> um, there is not a huge political support to change it. >> why not? >> because it's seen as a sort of entitlement now. >> people see it as their right. >> exactly. >> "i'm only gonna work 35 hours a week and that's it." >> exactly. >> no, no, no! >> so...
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the communist party of china selected new leaders. the secretive process produced a new president and l.a. lakers fan married to a rock star. but china's foreign policies are likely to stay the same, though the new leaders under pressure to deal with corruption and poverty at home. number five. mohamed morsi, a leader of the muslim brotherhood and islamist group became president of egypt. >> celebrate the victory of mohamed morsi. >> as his predecessor went on trial from his hospital bed, morsi impressed the west by helping to broker the cease-fire that ended an outbreak of warfare between hamas and israel. he then disappointed everyone by awarding himself sweeping powers at home, triggering outbursts of anger in tahrir square. number four. israel and hamas poured fuel on the fiery unrest in the region. one side firing rockets. the other launching missile strikes against targets in gaza. for the first time, israel felt vulnerable in jerusalem in tel aviv, the site of this bus attack in the waning days of the conflict before the big gu
the communist party of china selected new leaders. the secretive process produced a new president and l.a. lakers fan married to a rock star. but china's foreign policies are likely to stay the same, though the new leaders under pressure to deal with corruption and poverty at home. number five. mohamed morsi, a leader of the muslim brotherhood and islamist group became president of egypt. >> celebrate the victory of mohamed morsi. >> as his predecessor went on trial from his...
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china appears to be stabilizing and the rest of the emerging markets are growing. more demand for export business. number two, corporations are sitting on $1.5 trillion of cash. they have a lot of cash. they just need to know how to spend it based on overall tax policy. and number three, if you look at equipment and plant equipment in america today, the inventory is old and due reinvestment and upgrades. there's a lot of pent up demand for investment spending. >> there have been a few bright spots in our economy anyway. i think of housing, which has been in recovery mode right now. does that continue in 2013 even if we do see this -- some sort of resolution of the fiscal cliff and what it could do to paychecks and jobs in the economy? >> the offset is that people look at the value of their houses and start feeling better. one-third of household wealth is the value of their house and if they start seeing prices stabilize and appreciating, that could offset some pullback in overall consumer spending. >> where will we make money then, do you think? >> my sense is emer
china appears to be stabilizing and the rest of the emerging markets are growing. more demand for export business. number two, corporations are sitting on $1.5 trillion of cash. they have a lot of cash. they just need to know how to spend it based on overall tax policy. and number three, if you look at equipment and plant equipment in america today, the inventory is old and due reinvestment and upgrades. there's a lot of pent up demand for investment spending. >> there have been a few...
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you had hong kong and china open and australia only half a day. so you will get a muted response, but don't for get that we have really got one more day of this, right. there is not going to be a deal tonight, because it is not dramatic enough, and they have to let it go another day, and the markets might get a little bit of a breather, but trust me, as tomorrow goes, and as trading get starts and the day wears on and appears that we are getting nothing, you will start to see the pressure on the market as we move into the end of the day. like i said on the prior show, if we get a band-aid, that is worse than getting actually letting us go over the cliff. >> why? >> because i think that if we go over the cliff, then there is clarity and everybody knows what happens, taxes here and spending there, and the only thing that can happen after that is that it can improve because the legislators will talk about cutting the taxes and raising the spending and standing up to say, what a great job we did and pat themselves on the back. if we get a band-aid, al
you had hong kong and china open and australia only half a day. so you will get a muted response, but don't for get that we have really got one more day of this, right. there is not going to be a deal tonight, because it is not dramatic enough, and they have to let it go another day, and the markets might get a little bit of a breather, but trust me, as tomorrow goes, and as trading get starts and the day wears on and appears that we are getting nothing, you will start to see the pressure on...
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analysis on the issue which could put the entire global recovery of state let's face it we'll go live to china graph that he's found the wide awake news get his opinion hi there charlie i want to kind of think i mean everyone say this but they could have seen it coming two years in the making this is big with democrats and republicans still in disagreement in the face of this looming year end fiscal cliff where do you think america's heading. where i think i think the path is is very very clear i mean you have to do is look at europe look what happened in greece look what's happened in italy where it's been you know shown to the people of that region of the world as it's being shown to us this notion that representative government doesn't work no i don't believe that but i believe this is the message they're sending to worse you know that we have five hundred thirty five member body of congress and they just can't get anything done and as you alluded to you know it was nearly two years ago when congress said if the super congress the super committee can't come up with the deal to reduce our sp
analysis on the issue which could put the entire global recovery of state let's face it we'll go live to china graph that he's found the wide awake news get his opinion hi there charlie i want to kind of think i mean everyone say this but they could have seen it coming two years in the making this is big with democrats and republicans still in disagreement in the face of this looming year end fiscal cliff where do you think america's heading. where i think i think the path is is very very clear...